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The company behind crypto exchange ONUS faces doubts about its ability to continue as a going concern

Auditor A&C has refused to issue an opinion on the 2026 half-year financial statements of HVA Group, the strategic partner of crypto exchange ONUS, and flagged a material uncertainty that could cast significant doubt on the company's ability to continue as a going concern. One cause is the criminal case linked to ONUS, opened on 24/3, after investigators seized HVA's accounting records, leaving the auditor without enough documents to verify transactions and balances. As of end-June, HVA held 125.14 billion VND in investments due to mature, mainly in HanaGold, Onuschain and BTC Blockchain Technology Company, all part of the ecosystem of founder Vương Lê Vĩnh Nhân (Eric Vương). Investments and receivables totalling over 147 billion VND, or 82.5% of total assets, lack sufficient basis to determine recoverability; if they cannot be recovered, total assets could fall about 83% and equity about 98%. In the first half, HVA posted an after-tax loss of nearly 3.6 billion VND, compared with a profit of 3.3 billion VND a year earlier, and its shares trade at 4,000 VND, down about 84% from 24,800 VND in October 2025, and can only be traded on Fridays.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Công ty 'đứng sau' sàn tiền số ONUS bị nghi ngờ khả năng hoạt động liên tục

Read the original on VnExpress ↗

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